InvestorsHub Logo
Followers 1608
Posts 120638
Boards Moderated 3
Alias Born 07/09/2003

Re: None

Wednesday, 02/02/2011 11:00:48 AM

Wednesday, February 02, 2011 11:00:48 AM

Post# of 381701
~SGGV .15 DD...

This could shape up to be our next ALLRF type play (teens to $1.40) imo...

~Corporate web site...

http://www.sterlinggroupventures.com/index.html

Sterling Group Ventures, Inc. ("Sterling") is a natural resource company headquartered in Vancouver, Canada. Sterling signed two agreements (the "Agreements") with Chenxi County Hongyu Mining Co. Ltd. ("Hongyu") and its shareholders ("Hongyu Shareholders") regarding the Gaoping phosphate mine (the "GP Property') located in Tanjiaxiang, Chenxi County, Hunan Province, China and other phosphate resources in Hunan Province. There are about 43.8 million shares outstanding which are quoted on the OTC bulletin board under the symbol SGGV and on the Berlin Bremen Stock Exchange under the symbol GD7.

Hongyu is a Chinese private mining company with connections and resources in Hunan, China. Hongyu is interested in exploring, developing and expanding its phosphate business. Hongyu is the holder of a mining permit (the "Permit") covering the GP Property located in Tanjiaxiang, Chenxi County, Hunan Province, China. The GP Property is a sedimentary phosphate type deposit. The mining permit allows initial production up to 100,000 tonnes phosphate ore per year. GP Property holds 58.16 million tonnes of phosphate resources with a grade of 19.8% P2O5 based on a geological report by Hunan Chemical Geological Exploration Institute.

Under the terms of the Agreements, Sterling agrees to put the phosphate Property into production.

~Fact sheet...

http://www.sterlinggroupventures.com/Sterling_Phosphate_Presentation3.pdf

~Shares Outstanding 43,826,175 a/o Aug 28, 2008

~Approximate Float 25 million shares

~Recent press...

*January 24, 2011
Sterling Arranges Funds to Develop China Phosphate Deposit

*November 16, 2010
STERLING SIGNS LOI TO DEVELOP PHOSPHATE DEPOSIT IN CHINA

*October 21, 2010
STERLING ACQUIRES PHOSPHATE COMPANY IN CHINA

*July 15, 2008
ZHONG CHUAN TO ACQUIRE CONTROL OF STERLING AND ACCELERATE THE DEVELOPMENT OF LITHIUM AND POTASH SALT LAKE DEPOSIT IN CHINA

~Chart...




Your Own Due diligence and buying decisions a must!

~Rig



http://www.sterlinggroupventures.com/press_release.html


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.